A group of bipartisan US senators is writing to Secretary of State Rubio to pledge their support for the Taiwan Relations Act, Semafor reports; Twelve senators signed the letter
The bipartisan support for the Taiwan Relations Act could signal a stronger U.S.
China’s State Administration for Market Regulation to strictly investigate algorithm violations and address “excessive” competition
Italy sells EUR 7.5bln vs exp. EUR 6.25-7.5bln 2.40% 2029, 3.30% 2033 and 2.95% 2038 BTP
A group of bipartisan US senators is writing to Secretary of State Rubio to pledge their support for the Taiwan Relations Act, Semafor reports; Twelve senators signed the letter
EU GDP Growth Rate QoQ 2nd Est (Q1) Q/Q 0.1% vs. Exp. 0.1% (Prev. 0.2%)
EU Industrial Production YoY (Mar) Y/Y -2.1% (Prev. -0.6%)
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commitment to Taiwan amid rising tensions with China, influencing geopolitical stability in the Asia-Pacific region. This development may have implications for risk sentiment in markets, particularly for safe-haven assets like gold and the JPY, as well as currency dynamics among USD and Asian currencies. The market should watch for reactions in equities and commodities, especially given existing concerns around trade and diplomatic relations.
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